Items filtered by date: February 2017

A leading bank in Indonesia has deployed the Sri Lanka developed ‘BoardPAC’ board-meeting automation solution to become the first bank in that country to be equipped for paperless board meetings.

Part of Malayan Banking Berhad Group -- one of the largest financial services groups in the ASEAN region -- Maybank Indonesia is the latest international customer to adopt the BoardPAC board automation solution for its board members. BoardPAC has also been adopted by board members of the bank’s parent group, Maybank Malaysia.

BoardPAC is an effective way for board directors to access board and committee papers and supplementary information directly on their iPads. The solution enables efficient and secure access to company documents and is collaboration enabled for quick decision making through an interactive approach. BoardPAC has a wide range of high profile international corporate customers, including several Fortune 500 companies.

Commenting on the Bank’s decision to go paperless as facilitated by BoardPAC, Mr Budi Santoso, Head of Corporate Secretary of Maybank Indonesia said that BoardPAC stood out from the competition in the market due to its distinct advantages.

“BoardPAC’s easy-to-use platform enables administrators to quickly prepare for meetings, permitting us to collate and send across information that is timely and relevant to our board members. Administrators are now able to concentrate on ensuring the efficiencies, rather than getting bogged down with handling paper-based communications and the large volume of printing, photocopying, binding and couriering involved in getting information into the hands of board members,” he said. 

Lakmini Wijesundera, CEO of BoardPAC added: “We are pleased to welcome Maybank Indonesia to our high profile international customer base for BoardPAC. More and more companies globally are coming to depend on BoardPAC to facilitate paperless decision-making that not only enhances efficiency but also ensures greater security of information. Board Members of our partnering companies find that their decision-making skills are significantly improved and
become more effective as a result of BoardPAC’s ability to offer timely information at their fingertips. We are confident that Maybank Indonesia will experience infinite value with this paperless Board solution.”

BoardPAC already has the largest market share for board meeting automation in Sri Lanka, Malaysia and in the Asia Pacific region, and is emerging as a leader across the globe. Its operations have expanded overseas with offices in the US, Malaysia and Singapore coupled with partner offices in 20 countries.

Published in monetary

Colombo, Sri Lanka, February 21, 2017— Women in Management (WIM) and IFC, a member of the World Bank Group, are inviting nominations for the 'Top 50' Professional and Career Women Awards 2017. Now in its seventh edition, these awards recognize women who inspire others with their successes in career, business, and everyday life.

IFC and WIM work together in Sri Lanka to provide skill-building and training opportunities for women who lead, or work in, micro and small businesses. This is the third consecutive year that IFC will partner with WIM to host the Professional and Career Women Awards.

Sulochana Segera, Founder/Chairperson of Women in Management, said, “It is fitting that the theme for 2017 is Beyond Parity–Developing Tomorrow's Women Leaders. Sri Lanka is at a cross-roads, with many local companies on the verge of evolving their leadership for a new age of equal opportunity. Now in its seventh edition, we want to continue to shine a light on the achievements of Sri Lanka's most remarkable women, which will also help inspire the next generation of women leaders.”

Nominations for these prestigious awards are open from February 25 to May 30, 2017. The awards ceremony itself will be held on July 14, at the Cinnamon Grand hotel in Colombo. Last year, around 50 women received the awards for achievements across multiple categories. Nominations can be made by visiting www.womeninmanagementawards.org.

Dr. Rohantha Athukorala, Chairman of Lanka Sathosa and a 2017 Panel Judge said, "The WIM top 50 career awards has become one the most respected events in Sri Lanka, attracting the highest number of entries and high-powered professionals as judges.” This year’s judges include Amena Arif from IFC, Kumar Samarasinghe from Singer Sri Lanka, Lilamani Benson of Lowe LDB, Nadija Thambiah from John Keells Holdings, Tania Polonnowita Wettimuny from Hellmann Worldwide Logistics, and Farzana Jameel of the President’s Counsel.

Women’s employment is vital to driving economic growth and development. However, the chances for women to participate in the labor market worldwide remain almost 27 percentage points lower than those for men.

“No country can afford to lose half its talent pool. When female employees are unable to realize their full economic potential, businesses, communities, and economies are affected,” said Henriette Kolb, Head of

 

the Gender Secretariat at IFC. “We are proud to continue supporting the work done by WIM through these awards and other training programs to help create new opportunities for women across Sri Lanka.”

Globally, IFC works to reduce gaps between men and women in the private sector, enabling companies and economies to improve their performances. Societies can reach their full economic potential, only if men and women alike are allowed to make decisions, pursue employment, entrepreneurship, and leadership.
 
About WIM
Dedicated to the success of women, Women in Management (WIM) unites Sri Lanka's women professionals and entrepreneurs through a unique networking platform, leveraging their skills into global success.

About IFC
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. Working with 2,000 businesses worldwide, we use our six decades of experience to create opportunity where it’s needed most. In FY16, our long-term investments in developing countries rose to nearly $19 billion, leveraging our capital, expertise and influence to help the private sector end extreme poverty and boost shared prosperity. For more information, visit www.ifc.org.

Published in Miscellaneous

The Commercial Bank of Ceylon has announced it will keep 71 branches open for business on Friday, 24th February, a Public and Bank holiday to mark the Mahasivarathri festival.

The Commercial Bank branches that will operate on that day include the Bank’s 30 Supermarket Banking Centres and 25 ‘365-day’ branches which will work their customary hours, and another 16 branches that will be open from 9 am to 1 pm, the Bank said. 

These 16 branches are Wellawatte, Kolluptiya, Kotahena, Maharagama, Borella, Nugegoda, Narahenpita, Battaramulla, Panchikawatte, Union Place, Wattala, Dehiwala, Avissawella, Piliyandala, the Foreign branch at Razik Fareed Mawatha and Main Street, Pettah.

The only Sri Lankan bank to be ranked among the Top 1000 banks of the world for six consecutive years, Commercial Bank operates a network of 256 branches and 659 ATMs in Sri Lanka. The Bank has won multiple awards as Sri Lanka’s best bank from a number of international publications and been adjudged one of Sri Lanka’s 10 best corporate citizens by the Ceylon Chamber of Commerce for several years.

Published in monetary
Wednesday, 22 February 2017 00:33

Transcend – Driving towards the Future…

Colombo, Thursday February 15th 2017: Since 2009, Sri Lanka has seen strong ‘year-on-year’, double digit-growth in tourist arrivals. Overall infrastructure development has significantly boosted the growth and modernization of tourism, and in particular the level of offerings at hotels. Contrary to all this, the country’s inbound tourism transport sector, handling over 80 percent of the tourists who visit Sri Lanka, remains lackluster in its approach to provide exceptional transport solutions.

However, unlike most tourist transport service providers who are waiting for government assistance and relief, the evolution of the transport sector is currently being led by a company that is geared to revolutionize travel in Sri Lanka. Established in the late 1990’s, Transcend Drive, operating under the name Drumkin Transporters has been providing ground-breaking travel solutions, thus far.

Having revitalized passenger transport for Sri Lanka’s national carrier a few years ago, thereby proving that success is a function of creating a niche and earning the customers trust, Transcend Drive is now poised to leverage its expertise and professionalism for the future. Responsible in recent times for the brand-new fleet of Audis currently being used by Cinnamon Grand and Cinnamon Lakeside, it has emerged as a reputable provider of first class ground transport services within the tourism industry. Offering solutions to business and leisure travellers, the company’s ultimate aim is high quality transport for everyone.

Transcend Drive monitors all daily fleet movements via two way and GPS tracking which is fitted to all the vehicles in the fleet. At Transcend, safety is a high priority. Apart from safeguarding passengers with accident insurance policy cover, vehicles are maintained to a high standard, undergoing thorough on-site, daily inspection by a team of fully trained and dedicated technicians, to ensure quality and reliability. Simultaneously, the company’s highly professional operations staff, continually marshal and coordinate all transportation bookings to make certain that events proceed smoothly and without problems to its customers.

Transcends highly experienced chauffeurs are not only well trained and safety conscious, but are also chosen for their driving skills and knowledge of the local terrain. All of them are able to converse well in English whilst there are others who are multilingual having worked for several years in the hospitality industry.

With an extensive fleet of modern vehicles, consisting of Audi Sedans, other Sedans, SUV’s, Micro Vans, and Limousines and a highly skilled logistics management team, they have the capacity to handle; airport transfers including ‘meet & greet’, round trips, city tours, special event excursion requirements, VIP transportation, and corporate vehicle fleet management – “On time, On schedule and safely”. The company also provides excellent solutions for the budget traveller who may be visiting for business or pleasure.

For more information on Transcend Drive’s extensive list of transportation solutions please contact 0710 215883 or visit their website www.transcenddrive.com

Published in Automobile

Colombo February 21, 2017: SriLankan Airlines invites all art enthusiasts and the general public to view ‘Speculo 2017’, National Painting and Visual Art Exhibition that will be held at J.D.A. Perera Gallery on February 24, 25 and 26, 2017 from 8. 30 am to 8 pm.

Organized for the first time by the National Carrier, the exhibition brings together artists across the country, ranging from school children, university students, amateur and professional artists.

A line up of artistic activities such as portrait sketching, mehendi art, and the painting of the day contests are organized for the visitors to take part and win prizes.

This island-wide art competition has been organized with the aim of inspiring the country’s visual artists to creatively elaborate their perspective on SriLankan Airlines thus encouraging them to showcase their talents at a national platform. At a time when reconciliation through cultural dialogue is constantly discussed, the national carrier takes pride in bringing together hundreds of artists who are spread across the country for one common artistic purpose, thus being a unifying force.

Published in ART & Media
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